DeFi | ForkLog - Part 79

ForkLog 19 07.10.2020

Opinion: Neo poised to challenge Ethereum in the DeFi sector

Launched in September, the Flamingo.Finance DeFi protocol on the Neo blockchain is not a copycat, as is often associated with Chinese-made projects. In an interview with CoinDesk, co-founder Da Hongfei said.

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ForkLog 12 07.10.2020

yEarn.Finance readies storage upgrade as liquidity declines

The developers of yEarn.Finance announced a storage upgrade to yVaults aimed at increasing its flexibility and security.

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ForkLog 30 07.10.2020

SEC Commissioner Hester Peirce: Many difficult questions ahead for the DeFi sector

The decentralized finance sector will challenge the regulatory framework and force regulators to ask many difficult questions about what it actually is and how it should be regulated. This was stated by SEC Commissioner Hester Peirce, according to CoinDesk.

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ForkLog 10 06.10.2020

User loses $140,000, falls victim to a DeFi scam

An unknown user lost $140,000 in Uniswap tokens after they were deposited into the UniCats project’s pool. The full story was uncovered by ZenGo researcher Alex Manuskin.

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ForkLog 22 06.10.2020

MetaMask to launch a DEX aggregator and enable token swaps directly in the wallet

The team behind the Ethereum wallet MetaMask announced the launch of a unified interface that brings together several decentralized exchanges and aggregators for token swaps directly in the wallet.

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ForkLog 13 06.10.2020

WBTC market capitalization nears $1 billion

The market value of the Bitcoin-backed Wrapped Bitcoin (WBTC) token has approached the $1 billion mark. This is evidenced by data from the analytics service CoinGecko.

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ForkLog 31 06.10.2020

MetaMask surpasses 1 million active users amid DeFi hype

The Ethereum wallet MetaMask's user base exceeded 1 million active users per month. The team regards this achievement as 'the most important milestone for the entire ecosystem'.

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ForkLog 14 02.10.2020

Comment: The BitMEX crackdown bodes ill for the DeFi sector

The indictment by U.S. authorities against the crypto derivatives exchange BitMEX could be a troubling omen for the decentralized finance sector. The reason is the reference to violations of the Bank Secrecy Act (BSA), according to Adam Cochran, partner at Cinneamhain Ventures.

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ForkLog 12 01.10.2020

Robot Ventures, led by Compound founder Robert Leshner, raises $4 million for DeFi-focused investment fund

Robot Ventures, the cryptocurrency startup investor led by Compound founder Robert Leshner, has raised $4 million for its second fund to develop DeFi projects.

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ForkLog 10 30.09.2020

DeFi in Practice: Final Takeaways from ForkLog Conference

On September 29, ForkLog Live hosted the online conference “DeFi: A Practical Guide.” Nine speakers discussed the trends and challenges in the decentralized finance market and debated regulatory prospects. Here is a brief summary of their presentations.

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ForkLog 11 30.09.2020

Swipe launches its first cryptocurrency credit card in the United States.

US users now have access to Swipe's new product — the LendFi Visa Card, a cryptocurrency credit card that uses DeFi protocols. This is stated in the press release.

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ForkLog 15 30.09.2020

Galaxy Digital takes minority stake in ParaFi Capital to back DeFi investments

Galaxy Digital, Mike Novogratz's cryptocurrency trading bank, has become a minority shareholder in ParaFi Capital. The partnership envisages joint investments in the DeFi sector, the press release says.

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#DeFi